1350 111th Street, Miami, FL 33161

$1,199,000 — Active

Property Features

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Rare opportunity to acquire a fully furnished, income-producing four-unit multifamily property in a prime North Miami location, just one block from Biscayne Boulevard. The property features two 1-bedroom/1-bath residences and two studios, each with individual electric meters, offering excellent flexibility for investors.Extensively remodeled in 2021, including a new roof, new windows, updated electrical systems, and interior improvements. The property is being offered fully furnished and is currently licensed for short-term/Airbnb use, while also offering the flexibility to operate as traditional annual rentals.An additional separate legal structure at the rear of the property serves as a dedicated laundry facility and is equipped with a washer and dryer, providing added convenience for property operations and tenants.Ideally positioned less than a 10-minute drive from Bal Harbour and the beaches, with convenient access to major transportation, shopping, dining, and surrounding neighborhoods. Located in an area experiencing significant redevelopment and continued investment, this turnkey fourplex presents a compelling opportunity for an investor seeking a multifamily asset with multiple rental strategies and long-term upside.

▼ Price Reduced — originally listed at $1,400,000

Property Details

  • Listing ID: A12085641
  • Status: Active
  • Listing Date: 2026-09-09
  • Property Type: Quadruplex
  • Subdivision: JAFFE SUB
  • County: Miami-Dade
  • MLS Area: 2220
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 1,853
  • Year Built: 1952

Financial

  • List Price: $1,199,000
  • Original List Price: $1,400,000
  • HOA Fee: None
  • Taxes: $10,749/yr

Features & Amenities

  • Cooling: Electric
  • Heating: None, Separate Meters
  • Flooring: Ceramic Tile
  • Construction: Other, CBS
  • Roof: Other, Shingle
  • Exterior Features: Lighting

Courtesy of Miles Goldstein Real Estate
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RAPB

© 2026 Starfish Real Estate. Listings updated Nov 12, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.